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    4253 Otter Lake Rd Otter Lake, MI 48464

    Sponsored
    For Sale
    $5,750,000

    Turnkey Mining Operation, 128 Acres

    Property size:
    6,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey mining operation in Otter Lake, MI, presents a lucrative investment opportunity. The property encompasses 127.98 acres of land zoned for agricultural use, boasting over 10 tons of aggregate reserves, ideal for topsoil, sand, gravel, or stone extraction. A 6,900 square foot, three-story building constructed in 2019 is included, featuring five loading docks, six dock-high doors, and a remarkable 48-foot ceiling height. The building's versatile layout includes a reception area, maintenance and storage bays, a conference room, and living quarters. Over $1.6 million in equipment is included in the sale. The property is currently operating as a business, offering immediate revenue potential. The APN is 013-010-011-10. The sale includes the building, land, equipment, and existing business operations. Occupancy is available December 5th, 2024. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential. The asking price is $5,750,000.

    Property Features for 4253 Otter Lake Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    6,900 SF
    Class
    C
    Lot Size
    5,574,809 SF

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    3

    HighLights

    • $5,750,000 asking price for this owner‑user investment opportunity in the mining industry.
    • 6,900 square foot building on a 127.98‑acre lot in Otter Lake, MI.
    • Three‑story, Class C building with five loading docks and six dock‑high doors, featuring 48' ceiling heights.
    • Built in 2019, with an occupancy date of December 5, 2024.
    • Includes over $1.6M in equipment, a substantial aggregate reserve, and an established book of business.
    • Located at 4253 Otter Lake Rd, Otter Lake, MI 48464, with APN 013‑010‑011‑10, and zoned Agricultural.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Daycare Center Travel Agency Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Otter Lake
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.400900147909
    Latitude
    43.217385625539

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Manufacturing property - Turnkey Mining Operation, 128 Acres
    Where is this manufacturing property located?
    The property is located at 4253 Otter Lake Rd Otter Lake, MI.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: $5,750,000 asking price for this owner-user investment opportunity in the mining industry.; 6,900 square foot building on a 127.98-acre lot in Otter Lake, MI.; Three-story, Class C building with five loading docks and six dock-high doors, featuring 48' ceiling heights.
    Request Owner's contact information
    4253 Otter Lake Rd Otter Lake, MI 48464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4253 Otter Lake Rd Otter Lake, MI 48464
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